Review on Bybit by Yinka Yemisi
Bybit is one of the best exchange digital currency platform
Bybit was launched in March 2018, approximately 3 years ago. It was located on British Vigin Island. It has more than 1 million registered users.
It was insured under mutual insurance. This protect their customers from any market fluctuations. It protects customers incase of any losses or decline in profits.
Most crypto currency investors today prefer to carry out their trade on mobile devices because, you always have it with you and you trade anywhere and where you are as long as the network is stable. Bybit support not only desktop but also mobile devices such as Android and Apples mobile phones. I love this exchange because it can be accessed on mobile devices.
When it comes to fee, it has takers and takers fee. Makers fee is 0.075% which is very fair in comparison with other exchange takers fee globally. For makers fee is - 0.025%, this makes it to be very competitive.
Bybit also have a withdrawal fee of 0.0005 BTC which is 40% below the global industry average BTC withdrawal charges of 0.0008 BTC. The fees is fair enough.
The security level is also strong and reliable, because it a good security backing such as two factors authentication, SSL communications and an advanced Mark and Index pricing system.
It 24/7 customer support, live chat on there platform which is available in 7 languages and telegram chat and so on.
Pros
- It can be used on mobile devices such as Android and iOS
- It us a user friendly
- It had a referral incentive and other affiliate programs to income
- It is highly secured
- It has a fair trading and withdrawal fee
- Known your customers does not neede because it is anonymous
- 24/7 customer support services
Cons
- Kudos to team behind this exchange platform. They need to keep up thier good work to makes it more effective and efficient
